Litecoin Regains Footing After Being Knocked Back by Resistance

The Litecoin (LTC) price has increased significantly so far in January but was recently rejected by a long-term resistance level at $186.

While it is possible that Litecoin is still in a corrective phase, another upward move is expected that could take LTC toward $225.

 

Long-Term Litecoin Levels

Litecoin has been decreasing since Jan. 10, after reaching a high of $185.83. The high coincided with the 0.5 Fib retracement level measuring from the all-time high of $370,…


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